Industry News

A new study says an overwhelming majority of millennial's want to be homeowners, but student loans are holding them back

Date: 14 Dec 2018
Posted by: Tom Oslund

For many millennials, the idea of homeownership is still a big picture dream, with a new study saying 89 percent plan to purchase a home in the future — but simply can’t because of student debt.

According to a recent study released by Apartment List, 6,400 millennial renters nationwide were surveyed in regards to their plan for owning a home. Despite the majority of young people wanting...

READ MORE

5 mortgages that require no down payment or a small one

Date: 07 Dec 2018
Posted by: Tom Oslund

If you want to buy a house but don’t have a lot of money for a down payment, don’t lose heart. Your dream of homeownership is still attainable.

Homebuyers who can’t come up with big down-payment money have options. There are mortgagesavailable for a low down payment or even no down payment.

Check out five options for mortgages with little to no money down.

Mortgages with...

READ MORE

Mortgage rates hold near recent lows, a lonely bit of good news for the housing market

Date: 30 Nov 2018
Posted by: Tom Oslund

So far this year, the 30-year fixed has averaged 4.54%, up from 3.99% in 2017

Rates for home loans held near two-month lows in the most recent week, another chance for would-be home buyers to get a foot in the door of the troubling housing market.

The 30-year fixed-rate mortgage averaged 4.81% in the Nov. 29 week, unchanged from the week before, mortgage liquidity provider ...

READ MORE

Pages